Rashid was born on November 2, 1965 in Baku.
Graduated historical faculty at Lomonosov Moscow State University, as well as Moscow State Technical University (MSTU MAMI) with a degree in Economics and Enterprise Management.
Over the past years, Rashid has held many executive positions in various companies of a high-tech sector, like Ericsson, Huawei Technologies and Nokia.
From 2014 to 2018, Rashid worked as a Deputy Minister at the Ministry of Digital Development, Communications and Mass Media of the Russian Federation.
In August 2020, Rashid Ismailov was appointed to the position of a President in PJSC “VimpelCom”. His responsibilities include managing the provision of communication services for a number of government institutions.